Good News Friday Podcast
Week 3
January 4, 2008
(Click The Play Button Above To Hear The Podcast)
Who is Happy in Today's Real Estate Market? (Part 1 Of A 4 Part Series)
Hello and Welcome to Good News Friday! Today is Friday January 4th 2008. My name is Bruce Karasik.
Each week we bring you good news and positive developments in the Real Estate Market, Mortgage Market, in our economy and our country. In future shows, you will be hearing interviews with key people in the industry from real estate and mortgage experts to economists and other well known business leaders.
In every Real Estate market, there are always those groups of people who find a way to benefit, thrive and prosper. No matter if Real Estate is up or down, or if interest rates are up or down, they act in way that is of benefit to them. Who are these groups and what do the have in common? In this first of a 4 part series I will talk with about this first happy group. Well one thing that each group has in common is they all have great advisors and consultants on their team. People they trust to give them direction and a strategy and then they act on that advice.
So who are those people today and what are they doing to thrive in today’s Real Estate Market? How do they do it?
I am going to talk about four groups of people in the coming weeks that are very happy in today’s Real Estate Market. The group I am going to talk about today is:
Move-Up Buyers- These are buyers and sellers who have decided to move to a bigger, newer, or higher priced home. They may have outgrown their current home or have built up equity over the last several years and are now ready to move up. This group is very happy in today’s Real Estate Market. Why are they so happy? Higher priced homes have declined in value over the last year more than lower price homes. So if a home owner sells their home that was once worth $900,000 for $850,000 and buys a home that was once $2,000,000 and is now only 1.8 million. They have not lost $50,000, they have made $150,000 because the higher priced home has dropped $200,000 and the lower priced home has dropped only $50,000. Combine that with record low interest rates and our Move up buyers clients are a very happy group right now.
But the key to their success again is having the right advisors and consultants in place so they can have the right strategy. As your trusted consultants and advisors, we at the Karasik Team work in our unique ability. My unique ability is consulting, negotiating and overseeing the transaction details. We take a customized approach and enable our clients to make informed decisions to accumulate wealth through Real Estate.
What we do
- Identify what your goals and objectives are
- Develop a personal and customized approach to make your dreams come true
- Establish a written game plan
- As your Real Estate and Mortgage Consultants, we help our clients assemble the best team of people, by referring the right CPA, the right lender, the right financial planner, or trust attorney.
- Maintain Objectives
- Constantly keep our commitments to each other. We do what we say.
- Continue to build a life long relationship with our clients
The purpose of my business is for you to be so outrageously happy with the level of service we provide that you will gladly refer a couple of people to me before the transaction is over.
So group number one of the 4 happy groups in today’s Real Estate Market are Move-Up Buyers and Sellers. Join us next week when I will talk with you about another happy group in today’s Real Estate Market.
We continue to believe that homeownership will remain to be the best avenue for American families to secure their financial future. I look forward our continuing dialog and we invite your feedback. Please feel free to email me at Bruce@TheKarasikTeam.com, call me at my office at 805-267-0366, or you can post your responses on our blog at www.GoodNewsFriday.com.
So we do have some good news to be grateful for. And so, my friends, I wish you and your families a Happy, Healthy, and prosperous New Year. And that’s it for now. I’ll see you back here next week for another episode of Good News Friday!
